-
Australians selling properties are increasingly turning to auctions as interest rates matching the lowest in 50 years fuel demand for homes in the country’s largest cities.
-
Investors are about 70 percent of visitors at broker Andrew Ienna’s open houses in Sydney’s western suburbs as low borrowing costs lift returns on rentals, and high prices and down payments scare off first-time buyers.
-
Australian home prices in 2011 have fallen the most in three years, pitting local banks which say the drop will be short lived against overseas investors betting it’s the start of an overdue rout.
-
Home prices in Australia’s eight capital cities slid 3.7 percent in the first 11 months of 2011, extending the biggest drop in at least 12 years on concerns Europe’s debt crisis may damp the nation’s economic growth.
-
Bureaucratic obstacles are helping prop up Australia’s A$4.5 trillion ($4.4 trillion) housing market and neutralizing the biggest risk to the country’s mortgage bonds.
-
An Australian index of leading economic indicators rose in December as the economy strengthened before flooding struck the nation’s northeast.
-
A quarter of Australian homeowners are experiencing mortgage stress and rental vacancies remain “tight,” driven by higher interest rates, rising costs and a shortage of rental properties in some cities.
-
An Australian index of leading economic indicators rose at a slower pace in April as the impact of natural disasters this year hampered growth.
-
An Australian index of leading economic indicators was little changed in September as dwelling approvals declined and productivity slipped.
-
An Australian index of leading economic indicators advanced in December as gains in money supply and U.S. industrial production outweighed declines in stocks and dwelling approvals.
Rate this Page